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ARCELORMITTAL SOUTH AFRICA LIMITED - Trading statement

Release Date: 23/07/2015 07:05
Code(s): ACL     PDF:  
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Trading statement

ArcelorMittal South Africa Limited
(Incorporated in the Republic of South Africa)
(Registration Number 1989/002164/06)
Share code: ACL ISIN: ZAE 000134961
(“ArcelorMittal South Africa “, “the Company” or “Group”)


Trading statement

In terms of paragraph 3.4 (b) of the JSE Limited Listings Requirements, a listed company is
required to publish a trading statement as soon as it is satisfied that a reasonable degree of
certainty exists that the financial results for the period to be reported upon next will differ, by
at least 20% from those of the previous corresponding period.

Shareholders are advised that the loss per share for the half year ended 30 June 2015 is
expected to be higher compared to the half year ended 30 June 2014. This is mainly due to
a decline in net operating profit due to trading conditions and an increase in finance costs
due to additional borrowings required.

The loss per share is expected to increase from a loss per share of 4 cents to a loss range of
between 25 and 30 cents per share (a 525% to 650% change). The headline loss per share
is also expected to increase from a headline loss per share of 2 cents to a headline loss per
share range of between 25 and 30 cents a share (a 1150% to 1400% range).

The financial information on which the above trading statement has been provided has not
been reviewed or reported on by the external auditors of the company.



By order of the Board

22 July 2015




Sponsor to ArcelorMittal South Africa Limited
J.P. Morgan Equities South Africa Pty Ltd

For further information please contact:
Kesebone Maema
Manager: Corporate Communications, Corporate Affairs
Tel: (016) 889 2425

Date: 23/07/2015 07:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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